Todd Grabowski Sells 1,800 Shares of Johnson Controls International (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI) VP Todd Grabowski sold 1,800 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the sale, the vice president owned 26,215 shares in the company, valued at $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Johnson Controls International Trading Down 5.7%

Shares of Johnson Controls International stock opened at $139.28 on Thursday. The company has a market capitalization of $84.98 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 1.60 and a beta of 1.32. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. Johnson Controls International plc has a 12-month low of $100.86 and a 12-month high of $149.10. The firm’s 50-day moving average price is $139.94 and its two-hundred day moving average price is $130.41.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. The firm had revenue of $6.14 billion for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. On average, analysts forecast that Johnson Controls International plc will post 4.86 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Monday, June 15th. Johnson Controls International’s dividend payout ratio is presently 28.62%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JCI. Maseco LLP raised its holdings in Johnson Controls International by 102.9% during the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new position in Johnson Controls International during the 4th quarter worth approximately $27,000. Roxbury Financial LLC raised its holdings in Johnson Controls International by 71.9% during the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the last quarter. Twin Tree Management LP raised its holdings in Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares during the last quarter. Finally, YANKCOM Partnership bought a new position in Johnson Controls International during the 4th quarter worth approximately $34,000. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on JCI shares. Barclays raised their price target on shares of Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. UBS Group raised their price target on shares of Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. raised their price target on shares of Johnson Controls International from $158.00 to $162.00 in a research note on Thursday, May 7th. Evercore started coverage on shares of Johnson Controls International in a research note on Monday, April 13th. They issued a “hold” rating and a $155.00 price target on the stock. Finally, Oppenheimer restated a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $152.85.

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.